The law approved by the Portuguese government allows citizens outside the EU to apply for a residency permit in Portugal based on the investment. The applicant may apply as an individual or by a way of a company, as a holder of the shares. The company may be based in Portugal or at any other country of the EU.
Holders of residence permits for Investment Activity (also known as ARI) are allowed to travel in EU Schengen zone, and i) are entitle to apply for family reunion, ii) have access to a permanent residence permit as well as iii) the Portuguese Citizenship in accordance with the legal requirements ( e.g. eligibility ).
The permit is valid for five years, but it is subject to renewal twice during the following period:
To apply for the residence permit, the following documents must be provided:
The holder may apply for family reunion and should get a decision within 4 weeks.
Family reunification to the following members is permitted:
It is also necessary to prove that the applicant has:
All documents shall be delivered in the Portuguese language, therefore, any document delivered in any language other than Portuguese shall be subject to be translated, certified and legalized with the Apostille as per the Hague Convention. The documents obtained from the applicant´s origin country or the current residence country may also be issued by the Portuguese diplomatic or consular.
Amounts payable for purchase of property
Buying a property in Portugal is subject to taxation and expenses related to the acquisition – estimate between 7 % and 8% of the property purchase price.
Legal representation for the completion process;
Legal representation for the GOLDEN VISA process;
Legal representation for the Family Reunion process;
Legal representation for the renewals (Golden VISA and Family Reunion).